According to MarkNtel Advisors study the Global Mobility as a Service Market is projected to grow at a CAGR of around 32% during the forecast period, i.e., 2023-28.

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Key Findings of the Study: Mobility as a Service market

Key Driver: Rapidly Growing Demand for On-Demand Transportation

The rising inclination of various consumers worldwide toward micro-mobility has instigated several automakers to invest massively in on-demand transportation, such as taxis, passenger vehicles, & charter vehicles, which is why the world is witnessing the rapidly increasing availability of e-bikes & scooters on rent for consumers to save time & money as they offer features like real-time feedback, flexibility, & vehicle tracking, and rating. Hence, with on-demand transportation comes the ability to identify the consumer's precise location and match demand with available supply, which are the prime aspects projected to drive the Global Mobility as a Service Market during 2023-28.

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Scope of the Report and Mobility as a Service Market Segmentation:

By Services

  • Ride
    • Hailing
    • Sharing
  • Vehicle Sharing
    • Car Sharing
    • Bi-cycle Sharing
    • Motorbike Sharing
  • Public Transport
    • Bus Sharing/Shuttle Service
    • Train

Of them all. Ride-hailing services are expected to attain a significant share of the Global Mobility as a Service Market during 2023-28.

By Solution

  • Technology Platforms
  • Payment Engines
  • Navigation Solutions
  • Telecom Connectivity
  • Ticketing Solutions
  • Insurance Services

By Commuting Pattern

  • Daily commuting
  • First & Last-mile
  • Inter-city Trips
  • Off-Peak & Shift Work Commute
  • Airport or Mass Transit Station
  • Others (Hospital, Event Trips, Healthcare/Delivery Service & unplanned requirement)

By Pricing Model

  • Pay-as-you-go
  • Monthly Subscription

By Business Model

  • B2B (Business to Business)
  • B2C (Business to Customer)
  • B2I (Business to Industry)
  • B2G (Business to Government)

Mobility as a Service Market Competitive Landscape

  • Whim
  • BlaBlaCar
  • Car2Go
  • CityMapper
  • DiDi Chuxing
  • Grab
  • LeCab
  • Lyft
  • Mobike
  • Movit
  • Ola
  • Ridecell
  • Uber
  • Zoox
  • Scoot
  • Floatility
  • Easy Mile
  • Bridj
  • Careem
  • Ofo
  • InDriver
  • Curb Mobility
  • Others

Mobility as a Service Market Development:

  • In October 2022, AWS (Amazon Web Services) & the BMW Group announced a strategic collaboration for the development of customizable cloud software to simplify the distribution & management of data collected from millions of connected vehicles.
  • In October 2022, Microsoft & Mercedes-Benz joined forces to make vehicle production more efficient, resilient, & sustainable. The automaker planned on connecting around its 30 passenger car plants worldwide using Microsoft's new MO360 Data Platform, thereby enhancing transparency & predictability across its digital production & supply chain.

Geographical Analysis:

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America

Of all regions globally, Asia-Pacific is expected to attain a prominent share of the Mobility as a Service Market during 2023-28.

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